Exports In 2023, India exported $11.9M in Magnesium, making it the 22nd largest exporter of Magnesium in the world. At the same year, Magnesium was the 845th most exported product in India. The main destination of Magnesium exports from India are: United States ($5.37M), Saudi Arabia ($1.12M), Turkey ($920k), United Arab Emirates ($778k), and Australia ($601k).
The fastest growing export markets for Magnesium of India between 2022 and 2023 were Hong Kong ($591k), Australia ($386k), and Saudi Arabia ($305k).
Imports In 2023, India imported $119M in Magnesium, becoming the 4th largest importer of Magnesium in the world. At the same year, Magnesium was the 406th most imported product in India. India imports Magnesium primarily from: China ($112M), Russia ($1.6M), United Kingdom ($1.51M), Chile ($515k), and Switzerland ($511k).
The fastest growing import markets in Magnesium for India between 2022 and 2023 were Russia ($1.6M), Oman ($501k), and Turkey ($464k).